Goldman Sach counseled struggling Palm $1.2 billion to Hewlett-Packard
Today,Stock Market News about Goldman has done a pretty admirable job of maintaining the status quo in spite of the scrutiny that has erupted since the Securities and Exchange Commission took aim at it.From CNN news that The New York-based firm served as a key advisor for airline United in its merger with rival Continental. Goldman also counseled struggling smart phone maker Palm on its recent $1.2 billion sale to tech giant Hewlett-Packard.At the same time, Goldman is slated to handle a number of big public offerings in the coming weeks, including that of the trendy clothing retailer Express and the options exchange giant CBOE Group.By most measures, Goldman is still viewed as the firm to beat on Wall Street, with arguably the best stable of talent and the impressive network of contacts that come with it. That has been hard to ignore for many companies — especially those looking to go public.
